Tour v509
CLF
CLEVELAND-CLIFFS INC
$12.31 +3.45%
$12.26 (-0.41%)🌙
as of 08/17 06:19 PM
8/17 18:19

Option Volume

Detail
Current (08/17) 32,660
Calls: 20,752 (64%)
Puts: 11,908 (36%)
Prior (08/14) 24,443
Calls: 17,260 (71%)
Puts: 7,183 (29%)
Current vs Prior +33.62%
Calls: +20.23% (Calls)
Puts: +65.78% (Puts)
Prior 7-Day Total 173,809
Calls: 126,235 (73%)
Puts: 47,574 (27%)
Prior 7-Day Average 24,829
Calls: 18,033 (73%)
Puts: 6,796 (27%)
Current vs Prior 7-Day Avg +31.54%
Calls: +15.07%
Puts: +75.21%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/17) $2.07M
Calls: $1.20M (58%)
Puts: $867.7K (42%)
Prior (08/14) $1.73M
Calls: $1.11M (64%)
Puts: $617.9K (36%)
Current vs Prior +19.59%
Calls: +8.02%
Puts: +40.43%
Prior 7-Day Total $26.21M
Calls: $22.94M (88%)
Puts: $3.27M (12%)
Prior 7-Day Average $3.74M
Calls: $3.28M (88%)
Puts: $467.6K (12%)
Current vs Prior 7-Day Avg -44.72%
Calls: -63.30%
Puts: +85.56%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/17) 0.57
Prior (08/14) 0.42
Current vs Prior +37.88%
Prior 7-Day Average 0.38
Current vs Prior 7-Day Avg +51.77%
Sentiment BULLISH

Open Interest

Detail
Current (08/17) 463,908
Calls: 346,879 (75%)
Puts: 117,029 (25%)
Prior (08/14) 479,786
Calls: 352,651 (74%)
Puts: 127,135 (26%)
Current vs Prior -3.31%
Prior 7-Day Total 3,198,545
Calls: 2,376,830 (74%)
Puts: 821,715 (26%)
Prior 7-Day Average 456,935
Calls: 339,547 (74%)
Puts: 117,387 (26%)
Current vs Prior 7-Day Avg +1.53%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 8.20% | 9.83%8.20% | 13.16%
Prior 8.24% | 10.67%8.24% | 13.61%
Current vs Prior -0.37% | -7.90%-0.37% | -3.33%
Prior 7-Day Avg 7.23% | 10.23%10.25% | 15.43%
Current vs 7-Day Avg +13.41% | -3.94%-19.93% | -14.70%
Prior 7-Day Eod 8.24% | 10.67%8.24% | 13.61%
Current vs 7-Day Eod -0.37% | -7.90%-0.37% | -3.33%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 25.30% | 19.77%
Calls: 29.03% | 22.64%
Puts: 21.57% | 16.90%
Prior 25.30% | 19.77%
Calls: 29.03% | 22.64%
Puts: 21.57% | 16.90%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 25.30% | 19.77%
Calls: 29.03% | 22.64%
Puts: 21.57% | 16.90%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Bullish P/C ratio of 0.57. P/C ratio rising 38% - increased hedging/bearish positioning. Call-heavy open interest (346,879 calls vs 117,029 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 1 of results (avg 8.8%, best 8.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Aug 280.650.71$0.688.8%3650.65739
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 12 found (avg $0.61, cheapest $0.27)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Aug 210.250.28$0.2711.1%1.5K0.427.0K
$12.00Aug 210.480.55$0.5213.5%1.8K0.6411.7K
$12.50Aug 280.370.45$0.4119.5%4470.471.5K
$12.00Aug 280.650.71$0.688.8%3650.65739
$11.50Aug 210.820.92$0.8711.5%4910.837.0K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Aug 210.440.53$0.4918.4%450.581.1K
$11.50Sep 40.250.30$0.2817.9%590.2884
$13.00Aug 210.740.90$0.8219.5%1490.761.5K
$12.00Sep 180.580.70$0.6418.8%4590.413.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 212.162.39$2.2810.1%181.003.6K
$10.50Aug 211.601.89$1.7516.6%1711.002.4K
$10.00Aug 282.012.57$2.2924.5%20.95--
$10.50Aug 281.682.01$1.8417.9%20.95119
$11.00Aug 211.231.45$1.3416.4%6040.9410.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Aug 211.571.94$1.7621.0%580.941.0K
$14.50Sep 112.152.55$2.3517.0%40.91--
$13.50Aug 211.061.41$1.2328.5%2.5K0.897.7K
$14.00Sep 111.792.09$1.9415.5%20.812
$13.00Aug 210.740.90$0.8219.5%1490.761.5K

Most actively traded options today. High liquidity = easy entry/exit. 82 active (total vol 25.7K, top 3.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Aug 210.020.07$0.05100.0%3.6K0.111.9K
$12.00Aug 210.480.55$0.5213.5%1.8K0.6411.7K
$12.50Aug 210.250.28$0.2711.1%1.5K0.427.0K
$12.50Sep 40.380.61$0.5046.0%1.1K0.461.9K
$13.00Aug 210.110.15$0.1330.8%1.0K0.2410.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 210.080.11$0.1030.0%3.1K0.182.0K
$13.50Aug 211.061.41$1.2328.5%2.5K0.897.7K
$12.00Aug 210.170.27$0.2245.5%1.5K0.364.5K
$11.00Sep 180.250.34$0.3030.0%7790.231.9K
$12.00Sep 180.580.70$0.6418.8%4590.413.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 28.5%, max 45.8%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Aug 21Sep 2574.7%51.2%45.8%1.1K10.1K
$11.50Aug 21Sep 2572.5%54.5%33.1%5127.2K
$12.50Aug 21Sep 2571.5%57.1%25.3%1.6K7.0K
$12.00Aug 21Sep 2567.8%55.9%21.2%1.8K11.8K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.50Aug 21Sep 2572.5%54.5%33.1%3.1K2.0K
$13.00Aug 21Sep 1874.7%59.1%26.3%1755.1K
$12.50Aug 21Sep 1171.5%58.7%21.9%461.1K
$12.00Aug 21Sep 2567.8%55.9%21.2%1.5K4.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 35 found (best R:R 0.64, avg 1.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$11.00Sep 18$0.61$0.39$0.6189%0.64$10.61
$11.00$11.50Sep 11$0.21$0.29$0.2182%1.38$11.21
$11.50$12.00Sep 4$0.17$0.33$0.1773%1.94$11.67
$11.50$12.00Sep 11$0.22$0.28$0.2274%1.27$11.72
$12.00$12.50Sep 11$0.20$0.30$0.2064%1.50$12.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.00$12.50Aug 21$0.33$0.17$0.3376%0.52$12.67
$12.00$11.50Aug 21$0.12$0.38$0.1236%3.17$11.88
$13.00$12.00Sep 4$0.56$0.44$0.5662%0.79$12.44
$12.50$12.00Aug 21$0.27$0.23$0.2758%0.85$12.23
$12.50$12.00Aug 28$0.26$0.24$0.2653%0.92$12.24

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 17 found (best R:R 0.61, avg 0.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.50$13.00Sep 25$0.30$0.30$0.2049%1.50$12.80
$13.00$13.50Sep 4$0.21$0.21$0.2963%0.72$13.21
$12.50$13.00Sep 11$0.30$0.30$0.2047%1.50$12.80
$13.00$13.50Aug 28$0.13$0.13$0.3766%0.35$13.13
$12.50$13.00Aug 21$0.14$0.14$0.3658%0.39$12.64
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$11.00Aug 28$0.19$0.19$0.3174%0.61$11.31
$11.50$11.00Sep 4$0.18$0.18$0.3272%0.56$11.32
$12.00$11.50Sep 4$0.25$0.25$0.2559%1.00$11.75
$12.00$11.50Sep 25$0.24$0.24$0.2660%0.92$11.76
$11.00$10.00Sep 18$0.18$0.18$0.8277%0.22$10.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $0.12, cheapest $0.05)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Aug 21Aug 28$0.1667.8%50.7%
$12.50Aug 21Aug 28$0.1471.5%55.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Aug 21Aug 28$0.0567.8%50.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 6.01% of stock, avg 10.43%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Aug 21$0.52$0.22$0.74$11.26$12.746.01%
$12.50Aug 21$0.27$0.49$0.76$11.74$13.266.17%
$12.50Aug 28$0.41$0.53$0.94$11.56$13.447.64%
$13.00Aug 21$0.13$0.82$0.95$12.05$13.957.72%
$12.00Aug 28$0.68$0.27$0.95$11.05$12.957.72%
$11.50Aug 21$0.87$0.10$0.97$10.53$12.477.88%
$11.50Sep 4$0.95$0.28$1.23$10.27$12.739.99%
$11.50Aug 28$0.99$0.25$1.24$10.26$12.7410.07%
$13.50Aug 21$0.05$1.23$1.28$12.22$14.7810.40%
$13.00Aug 28$0.28$1.02$1.30$11.70$14.3010.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 81 found (cheapest 0.49% of stock, avg 4.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$14.00$11.00Aug 21$0.03$0.03$0.06$10.94$14.06
$13.50$11.00Aug 21$0.05$0.03$0.08$10.92$13.58
$14.50$10.50Aug 28$0.06$0.03$0.09$10.41$14.59
$14.00$10.50Aug 28$0.08$0.03$0.11$10.39$14.11
$14.50$11.00Aug 28$0.06$0.06$0.12$10.88$14.62
$14.00$11.00Aug 28$0.08$0.06$0.14$10.86$14.14
$14.00$11.50Aug 21$0.03$0.10$0.13$11.37$14.13
$13.50$11.50Aug 21$0.05$0.10$0.15$11.35$13.65
$14.50$10.00Sep 4$0.11$0.06$0.17$9.83$14.67
$13.00$11.00Aug 21$0.13$0.03$0.16$10.84$13.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.78, avg credit $0.32)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
11/1213/14Aug 28$0.32$0.1840%1.78$11.18$13.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 6.69, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.50$13.00$13.50Aug 21$0.06$0.4431%7.33
$11.50$12.00$12.50Aug 21$0.10$0.4041%4.00
$12.00$13.00$14.00Sep 18$0.17$0.8333%4.88
$12.00$12.50$13.00Aug 21$0.11$0.3940%3.55
$11.00$11.50$12.00Aug 28$0.06$0.4426%7.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Sep 18$0.13$0.8733%6.69
$12.00$12.50$13.00Aug 21$0.06$0.4440%7.33
$10.00$11.00$12.00Sep 18$0.16$0.8430%5.25
$12.50$13.00$13.50Aug 21$0.08$0.4231%5.25
$11.00$11.50$12.00Sep 4$0.07$0.4327%6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-0.25, 29 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$12.001:2Sep 18-$0.25$0.75
$12.00$13.001:2Sep 18-$0.16$0.84
$13.00$14.001:2Sep 18-$0.09$0.91
$11.50$12.001:2Aug 21-$0.17$0.33
$11.00$11.501:2Sep 4-$0.27$0.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$12.001:2Sep 18-$0.08$0.92
$13.00$12.501:2Aug 21-$0.16$0.34
$14.00$13.001:2Sep 18-$0.51$0.49
$13.50$13.001:2Aug 21-$0.41$0.09
$11.50$11.001:2Sep 25-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 6.17%, avg 2.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Sep 25$0.760.511.5%6.17%7.72%7828
$13.00Sep 18$0.530.415.6%4.31%9.91%28313.4K
$14.00Sep 18$0.260.2613.7%2.11%15.84%6924.3K
$13.00Sep 25$0.390.415.6%3.17%8.77%6146
$12.50Sep 11$0.570.531.5%4.63%6.17%11--
$13.50Sep 25$0.240.339.7%1.95%11.62%2--
$14.50Sep 25$0.160.2017.8%1.30%19.09%2--
$14.00Sep 11$0.190.2313.7%1.54%15.27%2318
$14.00Sep 25$0.130.2613.7%1.06%14.78%868
$13.00Sep 4$0.290.375.6%2.36%7.96%4021.0K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 20,752
Total Puts 11,908
Put/Call Ratio 0.57
Net Difference 8,844

Prior's Put/Call Breakdown

Total Calls 17,260
Total Puts 7,183
Put/Call Ratio 0.42
Net Difference 10,077

Prior 7-Day Put/Call Summary

Total Calls 126,235
Total Puts 47,574
Average Put/Call Ratio 0.38
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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